Multiple choice

A draws a bill on B for Rs. 30, 000 for mutual accommodation. A discounted that bill for Rs. 28, 000 from bank and remitted Rs. 14, 000 to B. On due date A will send _____ to B.

  1. Rs. 14, 000

  2. Rs. 14, 500

  3. Rs. 15, 000

  4. Rs. 15, 500

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

 A's owes B Rs 15,000 for mutual accomodation. (30,000/2) Thus, A will remit Rs15000 to B on due date.